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ch4/5
enterprise and management
| Question | Answer |
|---|---|
| illustrate your understanding of the term "entrepreneurship" | attempt to start something new using your initiative |
| complete this sentence:the role of an entrepreneur in a business is to... | entrepreneurs take a financial risk and personal risk. |
| Define "intrapreneur" | it is an employee working in a business who shows enterprise. |
| identify two skills of an entrepreneur. | time management and decision making. |
| define management | the job of a manager is to run a business and make sure it achieves its goals |
| illustrate your understanding of a CEO. | the manager in overall control of the business is called the managing director also known as a chief executive officer (CEO) |
| explain the role of a manager in a business | the manager ensures that the entrepreneurs ideas are carried out and concentrates on the day to day running of the business |